Despite trade tensions, DWS remains overweight China equities and is eyeing India because domestic investors are pouring capital into their local markets, said Sean Taylor, the firm’s chief investment officer for Apac and head of emerging market equities.
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore for nine funds to be sold in the Lion City, according to records from the regulator.
Preparing for the planned ETF Connect, Samsung Asset Management has launched a passive product tracking a large-cap China internet companies index.
Two ETFs launched this week in Taiwan and Korea track a technology-focused cross-border index jointly developed by the two countries’ stock exchanges.
Only 24% of Hong Kong’s rising affluent trust financial advisors, which compares to around 45% of those in the US, according to Michael Fong, managing director at Charles Schwab in Hong Kong.
High net worth individuals in Asia put strong returns ahead of building a better world when it comes interest in sustainable investment (SI) products, according to a survey conducted by Standard Chartered.
Wealth manager Noah Holdings was fined by Hong Kong’s regulator for failure to comply with several requirements, including KYC and due diligence matters.
Hong Kong-based Haitong International Asset Management is expected to launch three equity funds, including China-A share and US-focused products, according to records from the Securities and Futures Commission.
Assets in Hong Kong’s ETF industry have grown threefold in the last 10 years, but the market remains small and lacks product diversification, according to Mohamed M’Rabti, Brussels-based head of ETFs at settlement firm Euroclear.
Another Hong Kong equity fund has been approved for distribution on the mainland under the Mutual Recognition of Funds (MRF) scheme, according to the China Securities Regulatory Commission (CSRC).
Part of the Mark Allen Group.
